News

Specific Deposit Interest Rate For the Period 01 October 2019 – 31 December 2019

The interest rate for Specific Deposit Account will remain at 0.60% per annum for the period 01 October 2019 – 31 December 2019. Subsequent updates on the interest rate can be obtained from our website at https://policecoop.org.sg/specific-deposits-savings-optional/.

Interest rates for the Fixed Deposits Account will also remain the same from 1 January 2019 as follows:

Tenure (Months)

Interest Rates (% p.a.)

$500 […]

Membership & Well-Being Activities–Make Own Natural Soap with Soap Ministry

Learn how to make your own natural soap with Soap Ministry by using natural ingredients for healthy skin. This workshop provides all the basic practical tips you will need to successfully design and make your own natural soap. Experience the process of making your own natural soap with your choice of essential oil, benefits, colours […]

Year-End Movie vouchers Giveaway Is Here!-1,000 Pairs of Vouchers to be Won

Police Co-op is giving away 1,000 pairs of movie vouchers to thank members for your continued support. Hurry up and register for a chance to win a pair of movie vouchers!

Registration opens on our Facebook page and website on 16 September 2019 from 0900 hours and closes on 23 September 2019 at 0900 hours.

Locations of […]

Subscription-to-Savings Scheme (STSS) – Maturity of Series 3 and Rollover to Series 9

Members who have participated in STSS Series 3 over its 5-year term with the series maturing on 31 October 2019 have been invited to participate in the new STSS Series 9.

 Terms of the STSS Series 9

The terms of STSS Series 9 are as follows:

Period:                 01 November 2019 to 31 October 2023

Tenure:                4 Years

Interest Rate:    […]

Specific Deposit Interest Rate For the Period 1 July 2019 – 30 September 2019

The interest rate for Specific Deposit Account will remain at 0.60% per annum for the period 1 July 2019 to 30 September 2019. Subsequent updates on the interest rate can be obtained from our website at https://policecoop.org.sg/specific-deposits-savings-optional/.

Interest rates for the Fixed Deposits Account will also remain the same from 1 January 2019 as follows:

Tenure (Months)

Interest Rates (% p.a.)

$500 to […]

Revised Fees and Charges with effect from 1 January 2018

Please refer to table below for the new fees and charges with effect from 1 January 2018.

Proposer’s Incentive to be credited into bank account

With effect from 1st January 2018, members who propose or recommend friends, family members or colleagues to join the Police Co-operative as members will receive $25 as an incentive to be credited into their bank for each successful referral. Prior to this change, the Co-operative gave members $25 worth of vouchers for each successful referral.

 An existing […]

Make a Nomination for Your Account with Police Co-op Today!

Members have been coming forward to make new appointments of nominee(s) or amend existing nominations of their accounts at the Co-operative after our article on the importance of making a nomination appeared in the October 2016 to March 2017 issue of Police Co-operator.

 

If you have chosen not to make a nomination or there has been […]

Financial Status Self-assessment – How Are You Faring?

Some guidelines to lead you in the right direction on your financial planning!

Police Co-operator to be Published on a Half-Yearly Basis

Making a Nomination – Why is it important?

What is a nomination?

A nomination allows a member to specify an individual or individuals (known as a nominee) who will receive the member’s savings deposited in his/her Police Co-op savings account, and how much each nominee or nominees should receive upon the demise of the member.

Why is it important to make a nomination?

Making a nomination […]

CRS – Individual Tax Residency Self-Certification

What is Common Reporting Standard?

The Common Reporting Standard (“CRS”) is an internationally agreed standard for automatic exchange of information (“AEOI”) on financial accounts between jurisdictions for tax purposes. The objective is to enhance tax transparency so as to detect and deter tax evasion through the use of offshore bank accounts.

More than 100 jurisdictions including major […]

Thinking of borrowing from a Licensed Moneylender? DON’T!

Revised Interest Rate w.e.f 1 January 2016: Specific Deposits Savings

With effect from 1 January 2016, the interest rate for Specific Deposits Savings will be revised from 0.85% per annum to 0.90% per annum.

More details of the Specific Deposits Savings Scheme can be found here: /specific-deposits-savings/

Office closed for Deepavali

Please note that our office will be closed for the Deepavali public holiday on 10 November 2015.

Normal operating hours will resume on 11 November 2015.

Happy Deepavali to all our Hindu members.